6989 Epps Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2022 | Sold | ||
| Sold | |||
| Mar 31, 2022 | Listed by Beam Real Estate, LLC | $2,800,000 | |
| Listed by Beam Real Estate, LLC | |||
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**DEVELOPERS DREAM** This highly desirable property within Royse City in the middle of super crazy development. Ideal for planned development or investment. Located approximately 1.5 miles south of I-30, along FM 35 (Epps Road). 1.5 miles from Buc-ee’s, and less than 1 mile from Royse City High School. Close proximity to Dallas and Greenville. Zoned agricultural. DR Horton’s Union Square directly north and Huffines Communities’ Waterscape lies to the south west. All this provides high visibility for single family, multi-family, commercial, or mixed uses. No flood zone.
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| Jan 31, 2020 | Sold | ||
| Sold | |||
| Aug 13, 2019 | Listed by Ebby Halliday, REALTORS-Coit | $1,100,000 | |
| Listed by Ebby Halliday, REALTORS-Coit | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017